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Investments - Gross Unrealized Losses for Fixed Maturities (Details)
$ in Millions
Jun. 30, 2023
USD ($)
item
Dec. 31, 2022
USD ($)
item
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value $ 15,376.8 $ 45,651.0
Fixed maturities, Less than twelve months, Gross unrealized losses 607.7 6,183.1
Fixed maturities, Greater than or equal to twelve months, Fair value 39,099.0 8,850.9
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 6,572.4 1,695.2
Fixed maturities, Total, Fair value 54,475.8 54,501.9
Fixed maturities, Total, Gross unrealized losses 7,180.1 7,878.3
U.S. government and agencies    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 543.7 1,528.3
Fixed maturities, Less than twelve months, Gross unrealized losses 15.5 209.4
Fixed maturities, Greater than or equal to twelve months, Fair value 938.3 181.5
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 221.6 41.8
Fixed maturities, Total, Fair value 1,482.0 1,709.8
Fixed maturities, Total, Gross unrealized losses 237.1 251.2
Non-U.S. governments    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 116.3 407.5
Fixed maturities, Less than twelve months, Gross unrealized losses 4.6 57.7
Fixed maturities, Greater than or equal to twelve months, Fair value 283.1 19.9
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 53.4 7.1
Fixed maturities, Total, Fair value 399.4 427.4
Fixed maturities, Total, Gross unrealized losses 58.0 64.8
States and political subdivisions    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 1,162.2 5,303.5
Fixed maturities, Less than twelve months, Gross unrealized losses 54.3 1,008.9
Fixed maturities, Greater than or equal to twelve months, Fair value 4,711.8 391.9
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 986.5 127.8
Fixed maturities, Total, Fair value 5,874.0 5,695.4
Fixed maturities, Total, Gross unrealized losses 1,040.8 1,136.7
Corporate debt securities    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 7,996.1 27,309.5
Fixed maturities, Less than twelve months, Gross unrealized losses 387.8 3,944.6
Fixed maturities, Greater than or equal to twelve months, Fair value 21,038.8 2,944.1
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 3,726.2 698.0
Fixed maturities, Total, Fair value 29,034.9 30,253.6
Fixed maturities, Total, Gross unrealized losses 4,114.0 4,642.6
Residential mortgage-backed pass-through securities    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 1,159.3 1,201.7
Fixed maturities, Less than twelve months, Gross unrealized losses 24.7 97.5
Fixed maturities, Greater than or equal to twelve months, Fair value 1,151.5 574.8
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 168.2 105.7
Fixed maturities, Total, Fair value 2,310.8 1,776.5
Fixed maturities, Total, Gross unrealized losses 192.9 203.2
Commercial mortgage-backed securities    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 399.7 3,648.5
Fixed maturities, Less than twelve months, Gross unrealized losses 12.6 484.0
Fixed maturities, Greater than or equal to twelve months, Fair value 4,242.4 1,124.8
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 699.6 222.5
Fixed maturities, Total, Fair value 4,642.1 4,773.3
Fixed maturities, Total, Gross unrealized losses 712.2 706.5
Collateralized debt obligations    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 899.0 2,832.2
Fixed maturities, Less than twelve months, Gross unrealized losses 9.5 89.0
Fixed maturities, Greater than or equal to twelve months, Fair value 2,947.0 1,330.1
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 93.3 54.7
Fixed maturities, Total, Fair value 3,846.0 4,162.3
Fixed maturities, Total, Gross unrealized losses 102.8 143.7
Other debt obligations    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 3,100.5 3,419.8
Fixed maturities, Less than twelve months, Gross unrealized losses 98.7 292.0
Fixed maturities, Greater than or equal to twelve months, Fair value 3,786.1 2,283.8
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 623.6 437.6
Fixed maturities, Total, Fair value 6,886.6 5,703.6
Fixed maturities, Total, Gross unrealized losses 722.3 729.6
Principal Life Insurance Company    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 14,341.6 44,857.0
Fixed maturities, Less than twelve months, Gross unrealized losses 543.7 6,096.3
Fixed maturities, Greater than or equal to twelve months, Fair value 38,367.1 8,496.1
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 6,467.1 1,645.1
Fixed maturities, Total, Fair value 52,708.7 53,353.1
Fixed maturities, Total, Gross unrealized losses $ 7,010.8 $ 7,741.4
Available-for-sale Securities, Continuous Unrealized Loss Position, Qualitative Disclosure    
Available-for-sale Securities in Unrealized Loss Positions, Qualitative Disclosure, Percent Investment Grade (as a percent) 94.00% 94.00%
Available-for-sale Securities in Unrealized Loss Positions, Qualitative Disclosure, Average Price (percent of carrying value to amortized cost) 88.00% 87.00%
Available-for-sale Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Less Than Twelve Months | item 2,981 7,589
Available-for-sale Securities in Unrealized Loss Positions, Average Price, Less Than Twelve Months (percent of carrying value to amortized cost) 96.00% 88.00%
Available-for-sale Securities in Unrealized Loss Positions, Percent Investment Grade, Less Than Twelve Months (as a percent) 92.00% 95.00%
Available-for-sale Securities in Unrealized Loss Position, Aggregate Losses On Investment Grade Investments, Less Than Twelve Months $ 517.9 $ 5,920.4
Available-for-sale Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Twelve Months or Longer | item 6,610 1,654
Available-for-sale Securities in Unrealized Loss Positions, Average Price, Twelve Months or Longer (percent of carrying value to amortized cost) 86.00% 84.00%
Principal Life Insurance Company | States and political subdivisions    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses $ 978.3 $ 126.8
Available-for-sale Securities, Continuous Unrealized Loss Position, Qualitative Disclosure    
Available-for-sale Securities in Unrealized Loss Positions, Average Price, Twelve Months or Longer (percent of carrying value to amortized cost) 83.00% 75.00%
Principal Life Insurance Company | Corporate debt securities    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses $ 3,633.5 $ 654.9
Available-for-sale Securities, Continuous Unrealized Loss Position, Qualitative Disclosure    
Available-for-sale Securities in Unrealized Loss Positions, Average Price, Twelve Months or Longer (percent of carrying value to amortized cost) 85.00% 80.00%
Principal Life Insurance Company | Commercial mortgage-backed securities    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses $ 694.5 $ 220.9
Available-for-sale Securities, Continuous Unrealized Loss Position, Qualitative Disclosure    
Available-for-sale Securities in Unrealized Loss Positions, Average Price, Twelve Months or Longer (percent of carrying value to amortized cost) 86.00% 83.00%
Principal Life Insurance Company | Collateralized mortgage obligation security    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses $ 508.1 $ 320.2
Available-for-sale Securities, Continuous Unrealized Loss Position, Qualitative Disclosure    
Available-for-sale Securities in Unrealized Loss Positions, Average Price, Twelve Months or Longer (percent of carrying value to amortized cost) 83.00% 81.00%